''Gone are the days when cash-strapped banks had to be nationalised because they were out of cash, now they just ask for more liquidity from the Central Bank and get it. They have become the conduit for the economic re-inflation that is the road ahead for Europe and the US.
The current strategy for economic rescue is to lend back money for nothing. The banks then lend that money to governments by buying bonds, which keeps interest rates low. Low interest rates mean governments can sustain their titanic borrowings".
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